Karan Information Technology Private Limited

Provides internet services and operates call centers, offering related equipment and services.

2004 | Navi Mumbai, Maharashtra (India) | Active
Last Updated:

Karan Information Technology Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 17.05 Cr
  • Revenue Growth -96.91%
  • Profit Growth -84.48%
  • Ebitda -19.21%
  • Net Worth -60.51%
  • Total Assets -5.88%

About Karan Information Technology

Karan Information Technology Private Limited (KITPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2004 and has a history of 21 years and two months. Its registered office is in Navi Mumbai, Maharashtra.

The Corporate was formerly known as Karan Press & Printers Pvt Ltd. The Company is engaged in the Telecom Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹17.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sachin Salvi and Madhusudan Salvi serve as directors at the Company.

Company Details

  • Location Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U22200MH2004PTC144746

  • Company No.

    144746

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Telecom
Company report

Karan Information Technology Private Limited

Explore comprehensive data for Karan Information Technology Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Karan Information Technology?

Board Members (2)

NameDesignationAppointment DateStatus
Sachin Salvi Additional Director 03-Jan-2024Current
Madhusudan Salvi Country flag representing In Additional Director 25-Apr-2010Current

Financial Performance of Karan Information Technology.

Karan Information Technology Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.91% decrease. The company also saw a substantial fall in profitability, with a 84.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 60.51%.

Karan Information Technology revenue growth over time
Karan Information Technology profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-96.91%
Revenue from Operations
Total Assets
-5.88%
Profit or Loss
-84.48%
Net Worth
-60.51%
EBITDA
-19.21%

What is the Ownership and Shareholding Structure of Karan Information Technology?

In 2023, Karan Information Technology had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹100.00 M

Satisfied Charges

₹170.50 M

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2024Others₹10.00 CrOpen
08 Jun 2018Hdfc Bank Limited₹8.00 CrSatisfied
02 Dec 2017Hdfc Bank Limited₹8.00 CrSatisfied
07 Dec 2006Parsik Janata Sahakari Bank Limited₹1.05 CrSatisfied

How Many Employees Work at Karan Information Technology?

Unlock and access historical data on people associated with Karan Information Technology, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Karan Information Technology Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Karan Information Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Karan Information Technology's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Karan Information Technology

Recent activity within the organization

  • Charges

    A charge registered on 08 Jun 2018 via Charge ID 100206730 with Hdfc Bank Limited was fully satisfied on 16 Jul 2024.

  • Charges

    A charge registered on 02 Dec 2017 via Charge ID 100159997 with Hdfc Bank Limited was fully satisfied on 16 Jul 2024.

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100963478 was registered on 28 Jun 2024.

  • Director Appointment

    Sachin Madhusudan Salvi was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2024 & has been associated with this company since 1 year 4 months .

  • Annual General Meeting

    Karan Information Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Karan Information Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Karan Information Technology Private Limited?

    Karan Information Technology Private Limited was incorporated on 26 Feb 2004.

  • What is authorized share capital and paid-up capital of Karan Information Technology Private Limited?

    The authorized share capital of Karan Information Technology Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Karan Information Technology Private Limited?

    Currently 2 directors are associated with Karan Information Technology Private Limited.

    • Sachin Madhusudan Salvi
    • Madhusudan Gangaram Salvi

  • What is the registered address of Karan Information Technology Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Karan Information Technology Private Limited is 260 Central Facility Bldg Iiapmc Phase Ii Sec-19 Vashi India, Navi Mumbai, Maharashtra, 400705.

  • What is the corporate identification number (CIN) and company number of Karan Information Technology Private Limited?

    The corporate identification number (CIN) of Karan Information Technology Private Limited is U22200MH2004PTC144746 and the company number is 144746 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Karan Information Technology Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Karan Information Technology Private Limited has fallen by -96.91%.

  • What change has been observed in the net worth of Karan Information Technology Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Karan Information Technology Private Limited has experienced an downturn of -60.51%.

  • What are the total open charges for Karan Information Technology Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Karan Information Technology Private Limited amount to ₹ 10.00 Cr.

  • When was the last Balance Sheet of Karan Information Technology Private Limited filed with the ROC?

    The most recent Balance Sheet for Karan Information Technology Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on ISP & Broadband Services